The Roundtable Discussion : IFSB Exposure Draft on Guiding Principles for Retakāful (Islamic Reinsurance) was held on 10 January 2016, in Manama, Bahrain, which was hosted by the Central Bank of Bahrain. The IFSB has issued an Exposure Draft, ED-18: Guiding Principles for Retakāful (Islamic Reinsurance) on 5 November 2015 for public consultation, aimed to provide the regulatory and supervisory authorities (RSAs) and market players of the Takāful industry guidance relating to Retakāful. ED-18 identifies and sets forth a set of basic principles and best practices pertaining to Retakāful activities of both Takāful and Retakāful Operators (TOs and RTOs). This Roundtable aimed to invite greater engagement and garner feedback and comments from key industry stakeholders on the Exposure Draft prior to its final submission to the IFSB Council. The Roundtable also saw active involvement from the key industry stakeholders, acted as chairperson and speakers for the Roundtable as well as 28 registered participants from among the IFSB member and non-member organisations. Programme - Event Session(s) Date Time Topics Day 1 10/01/2016 IFSB MEET THE MEMBERS AND INDUSTRY ENGAGEMENT SESSION (VENUE: AMBASSADOR ROOM (MEZZANINE FLOOR) ROUNDTABLE DISCUSSION : IFSB EXPOSURE DRAFT ON GUIDING PRINCIPLES FOR RETAKāFUL (ISLAMIC REINSURANCE) VENUE : AL RIFAA BALLROOM (GROUND FLOOR) 08:30 - 09:00 Registration 09:00 - 10:10 IFSB MEET THE MEMBERS AND INDUSTRY ENGAGEMENT SESSION 10:10 - 10:30 Coffee Break & Networking Session 10:30 - 15:30 ROUNDTABLE DISCUSSION : IFSB EXPOSURE DRAFT ON GUIDING PRINCIPLES FOR RETAKĀFUL (ISLAMIC REINSURANCE) 10:30 - 10:45 Opening Remarks 10:45 - 11:10 Presentation on the Exposure Draft of the Guiding Principles for Retakāful 11:10 - 11:30 Session 1: Understanding Retakāful and Its Underlying Contracts (Introduction to Retakāful, the Concept and the Principal Structures) Introduction to Retakāful, the Concept and the Principal Structures 11:30 - 11:50 Session 1: Understanding Retakāful and Its Underlying Contracts (Retakāful Core Principles, Categorisation, and Special Issues) Retakāful Core Principles, Categorisation, and Special Issues 11:50 - 11:30 Session 1: Understanding Retakāful and Its Underlying Contracts Open Discussion 12:30 - 13:30 Lunch & Prayers 13:30 - 13:50 Session 2: The Guiding Principles for Retakāful (Principle I: Governance of Retakāful Undertakings & Principle II: Compliance with Sharī`ah Principles) Principle I: Governance of Retakāful Undertakings Principle II: Compliance with Sharī`ah Principles 13:50 - 14:10 Session 2: The Guiding Principles for Retakāful (Principle III: Prudential Framework, Principle IV: Transparency and Disclosure & Principle V: Supervisory Principle III: Prudential Framework Principle IV: Transparency and Disclosure Principle V: Supervisory 14:10 - 14:50 Session 2: The Guiding Principles for Retakāful Open Discussion 14:50 - 15:00 Chairman's Summary 15:00 - 15:30 Coffee Break End of Roundtable Discussion Downloadable Document(s) 1.) Event Session(s) - PDF Format